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Bajaj to ramp up Pulsar production22-NOV-09
Bajaj Auto is betting big on its Pulsar bike and plans to ramp up production to 90,000 units per month in the next six months with a sales target of 1 million units per annum by the end of next financial year.
'Our focus remains on bigger and sportier bikes'10-NOV-09
Sales of Bajaj Auto, India's second-largest motorcycle maker, surged 52 per cent in October to almost 250,000 units. The spike came after a long period of slowing sales. In fact, the company had recorded a fall of 33 per cent in sales in December last year, when it sold just 118,000 units. In an interview to Swaraj Baggonkar, the company's Chief Executive Officer (Two-Wheelers) S SRIDHAR explained the reasons behind the jump.
Two-wheelers, utility segment to prop sales in Q117-JUL-09
Automobile manufacturers are expected to post sequential growth in sales, operating margins and profit in the first quarter of 2009-10, driven by Hero Honda, Maruti Suzuki and Mahindra & Mahindra. But Ashok Leyland and Tata Motors are expected to show poor results in the commercial vehicle segment due to lack of demand. TVS Motors should also be showing a decline in sales on lower motorcycles’ volumes.
Turkey to ease two-wheelers' import duty; India to benefit09-JUL-09
Turkey is considering possibly scrapping of a safeguard duty imposed three years ago on import of two-wheelers, a decision that will benefit India that once enjoyed a five per cent market share in European country.
Two-wheelers bring cheer to auto sales in June09-JUL-09
Auto sales for the month of June grew by 14.26 per cent over the same month a year earlier, according to a report released by the Society of Indian Automobile Manufacturers (Siam).
Royal Enfield to launch 2 bikes; ramp up capacity by 35%12-JUN-09
"We have plans, we have enough engine platforms for bringing in new models. We will be launching two more models by the end of this year or early next year," Royal Enfield Divisional General Manager (Sales and Marketing) Shaji Koshy told PTI.
UPDATE: Car, bike sales continue upward trend08-JUN-09
Domestic passenger car sales continued to grow for the fourth consecutive month, with May sales registering a 2.48 per cent rise, but the trend may reverse soon unless there is more support from the government, says industry body SIAM.
Hero Honda sales up 22.52% in May01-JUN-09
The country's largest two-wheeler maker, Hero Honda Motors Ltd (HHML), today reported a 22.52 per cent jump in its total sales in May at 3,82,678 units, over 3,12,317 units in the same month last year.
Bajaj Auto Q4 net dips 50% at Rs 69 cr21-MAY-09
The Pune-based firm had a net profit of Rs 137.71 crore in the March quarter of FY'08, Bajaj Auto said in a filing to the Bombay Stock Exchange.
Bajaj gets patent for multi-spring shock absorbers14-MAY-09
Pune-based Bajaj Auto today said it has received patent for its invention — multi-spring vehicle shock absorber — used in its motorcycles, with which it hopes to counter cheap Chinese copycats.
TVS Motors sales grow 3% in April01-MAY-09
After reporting a disappointing sales tally last year, Chennai-based, India's third largest two wheeler manufacturer TVS Motors today reported a marginal increase of 3 per cent in sales in April selling 102,985 units in the domestic market.
Hero Honda sales surge 29% in April01-MAY-09
Continued efforts to boost sales in rural areas helped Hero Honda Motors (HHML), India's largest maker of two-wheeler to post a growth of 29.45 per cent in sales at 370,575 units during April. The company had sold 286,252 units in the same month a year ago.
Honda Motorcycle launches new Activa with more mileage13-APR-09
Honda Motorcycle and Scooter India Private Limited (HMSI), two-wheeler subsidiary of Honda Motor Company, Japan, today launched the "New Honda Activa", with refresing new style, more mileage and hoard of new features.
Car exports from India surge 57% in FY0910-APR-09
At a time when global auto majors are struggling, carmakers in India have been able to expand their overseas presence with exports from the country registering as much as 57.04 per cent growth in the last fiscal.
Auto sales stay positive in FY09 due to stimulus package08-APR-09
The Indian auto industry, which was heading towards negative growth territory, managed to stay in the positive zone in the fiscal ended March 31, thanks to the government's stimulus packages, recording a 0.71 per cent increase in total vehicle sales.
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